Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$75,000	Inventory	$2000**
Gross Income	$223,405	Real Estate
Cash Flow	$64,538	Year Established	2004
FF&E	$50,000*	Employees	1 ft / 2 pt

* included in the asking price

** not included in the asking price

This business has an outstanding location right in U-Village. There is very little direct competition in the immediate area due to the restrictions of the U-Village. This business is close to the University of Washington, Children's Hospital, and many other businesses and residential areas. The Franchisor is divesting of all Corporate owned stores - his loss- your gain. There is seating for 11 inside and 9 outside. This is a very easy store to operate. The Franchisor has done very little to promote or expand the business due to his obligations to the Franchise. There is a whole untapped market of business to business catering and on-campus catering at the U of W. The store currently caters to the U of W sports teams and Children's Hospital. The Royalty fee is 5% and there in no Ad fund fees. No transfer fee. The Franchisor will provide 2 weeks of intensive on site training. This is a gold mine.

Facilities: This business has an outstanding location right in U-Village. The business has about 700 sq feet and seating for 11 inside and 9 outside. The equipment and fixtures are in excellent condition. The base monthly rent is $2,750 plus NNN charges of $500 per month. The Lease runs till 11/15/2009 and has a 5 year option to extend the term.

Competition: There is very little direct competition in the immediate area due to the restrictions of the U-Village. This has a prime location close to the University of Washington, Children's Hospital, and many other businesses and residential areas.

Growth/Expansion: The current owner is the Franchisor and he has done very little to promote or expand the business due to his obligations to the Franchise. There is a whole untapped market of business to business catering and on-campus catering at the U of W. The store currently caters to the U of W sports teams and Children's Hospital.

Financing: Cash or Bank Financing

Support/Training: The Franchisor will provide 2 weeks of intensive on site training and continued follow up support.

Reason Selling: Franchisor is divesting of all Corporate owned stores